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  • July 31, 2014
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Results 1 - 10 of 222 for financial industry

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  1. Business - Companies - EARNINGS

    Tencent aims to work with regulator on online financial services market

    Posted Mar 19th 2014, 06:17pm by BIEN PEREZ

    ... The more, the merrier." President Martin Lau Chi-ping said the online financial services market was a new industry segment which the regulator wanted to better understand. He described mobile ... Bien Perez bien.perez@scmp.com Mainland's largest listed internet company pledges to work with central bank to ensure online financial services are better regulated Tencent backs push ...

    http://www.scmp.com/business/companies/article/1452515/tencents-q4-net-income-129-cent-slowest-growth-early-2012
  2. Business - Companies - EARNINGS

    Silver Base turns to its CEO for financial help

    Posted Jul 01st 2014, 04:05am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Silver Base turns to chief for financial help Silver Base Group Holdings, one of the mainland's largest distributors of high-end liquor and cigarettes, ... and the slowdown in the mainland economy. "In order to strengthen the capital base of the group and to improve the group's financial position, immediate liquidity and cash flows and otherwise ...

    http://www.scmp.com/business/companies/article/1543914/silver-base-turns-its-ceo-financial-help
  3. Business - Banking & Finance - EARNINGS

    BEA beats rivals with impressive financial results

    Posted Mar 10th 2014, 05:59am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Clean balance sheet and good growth makes BEA the stand-out bank in this results season BEA beats rivals with impressive financial results Bank of East Asia ... results were boosted by an accounting change reflecting a capital gain in its China subsidiary Industrial Bank, but otherwise analysts argue that it faces flat income growth. An emerging economic ...

    http://www.scmp.com/business/banking-finance/article/1444810/bea-beats-rivals-impressive-financial-results
  4. Business - Companies - EARNINGS

    Houseware retailer takes MTR route to expansion

    Posted Jul 28th 2014, 04:27am by TIFFANY AP

    ... retail industry sales, thanks to its core customer segment of middle-class shoppers. Revenue rose 16.6 per cent to HK$1.75 billion. The company opened 44 stores over the past financial year ...

    http://www.scmp.com/business/companies/article/1560741/houseware-retailer-takes-mtr-route-expansion
  5. Business - China Business - EARNINGS

    SMIC boosts margins on way to ninth straight profitable quarter

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... beneficiary of a new central government policy announced in May which aimed to accelerate the development of the domestic semiconductor industry. "Since the release of our second-quarter gross margin guidance, we have seen an increase in utilisation and improved expense control, exceeding our earlier expectations," SMIC chief financial officer Gao Yonggang said in a company ...

    http://www.scmp.com/business/china-business/article/1557110/smic-boosts-margins-way-ninth-straight-profitable-quarter
  6. Business - Companies - EARNINGS

    Tom gears up for growth on the back of e-commerce venture's gains

    Posted Jul 31st 2014, 01:24am by BIEN PEREZ

    ... a decline in sales and wider operating loss during the period, according to the firm's filing with the Hong Kong stock exchange yesterday. "Tom Group will maintain financial and operating ...

    http://www.scmp.com/business/companies/article/1562990/tom-gears-growth-back-e-commerce-ventures-gains
  7. Business - Companies - EARNINGS

    LVMH sales slow in Hong Kong as Chinese demand drops globally

    Posted Jul 25th 2014, 11:58am by Reuters

    ... of their global revenue in the city. "After May, we have seen the level of business [in Hong Kong] slowing down markedly," chief financial officer Jean-Jacques Guiony said, adding ...

    http://www.scmp.com/business/companies/article/1558885/lvmh-sales-slow-hong-kong-chinese-demand-drops-around-world
  8. Business - China Business - EARNINGS

    Mobile business boosts Baidu sales amid overseas expansion

    Posted Jul 26th 2014, 01:39am by Bien Perez and Sophie Yu

    ... on the mobile side," Zhang said. At Baidu's earnings conference call yesterday, chief financial officer Jennifer Li described the international market as "one of our strategic focus ...

    http://www.scmp.com/business/china-business/article/1559381/mobile-business-boosts-baidu-sales-amid-overseas-expansion
  9. Business - Companies - EARNINGS

    Facebook beats targets with 61pc boost in second-quarter revenue

    Posted Jul 25th 2014, 01:35am by Reuters

    ... Reuters in San Francisco Second-quarter take of US$2.91b is driven by social media giant's mobile advertising business Facebook beats targets with 61pc revenue boost Facebook's fast-growing mobile advertising business helped drive a 61 per cent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record high. ...

    http://www.scmp.com/business/companies/article/1558531/facebook-beats-targets-61pc-boost-second-quarter-revenue
  10. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... and profit for the first half are in line with our expectations," said chief financial officer Cathy Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei. Meng said the company had built up ... ahead. "We are confident that in 2014 we will achieve sustainable growth, robust operations and healthy financials," she said. Meng said Huawei's consumer business sold its ...

    http://www.scmp.com/business/china-business/article/1557079/huawei-sees-solid-year-after-first-half-sales-grow-19-cent

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